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>Investments in money market mutual funds are neither insured

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  3. >Investments in money market mutual funds are neither insured
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Anonymous
2016-08-16 02:58:35 Post No. 1445733
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Anonymous 2016-08-16 02:58:35 Post No. 1445733 [Report]
>Investments in money market mutual funds are neither insured nor guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Although money market funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund.
>>
Anonymous 2016-08-16 03:01:29 Post No.1445737
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Anonymous 2016-08-16 03:01:29 Post No.1445737 [Report]
>>1445733
with the new regulations, it's virtually guaranteed to maintain 1.00 short of a global depression.
>>
Anonymous 2016-08-16 03:20:10 Post No.1445767
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Anonymous 2016-08-16 03:20:10 Post No.1445767 [Report]
>>1445733

i worked for a company that had money market funds.

in 2008, the money market funds owned over $500m of lehman paper. supporting those stupid funds wiped out all of the cash in the company. zero bonuses for everyone.
>>
Anonymous 2016-08-16 03:26:47 Post No.1445786
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Anonymous 2016-08-16 03:26:47 Post No.1445786 [Report]
>>1445767

How horrible that the bankers don't get bonuses because they have to preserve the accounts that they created
>>
Anonymous 2016-08-16 05:36:03 Post No.1445904
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Anonymous 2016-08-16 05:36:03 Post No.1445904 [Report]
>>1445767
Aren't there diversified funds? They shouldn't have put all of their eggs in one basket.
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